Universal Beteiligungs und Servicegesellschaft mbH Has $1.52 Million Holdings in Perimeter Solutions, SA $PRM

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Perimeter Solutions by 239% in Q4 to 54,900 shares (added 38,703 shares), valued at about $1.52 million per its Form 13F filing.
• Several other institutions also made large moves—Tudor (+395.5%), Federated Hermes (+52,387.7%), SG Americas (+197.2%), Quantbot (+1,645.6%)—resulting in 89.93% institutional ownership, while insiders sold 450,000 shares (~$10.7M) last quarter but still hold 10% of the company.
• Analyst sentiment is mixed but tilted positive with a MarketBeat consensus of "Moderate Buy" and a consensus price target of $32.50; the stock recently beat EPS estimates and has a market cap of about $4.98 billion.

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Perimeter Solutions, SA (NYSE:PRM - Free Report) by 239.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,900 shares of the company's stock after purchasing an additional 38,703 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Perimeter Solutions were worth $1,524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PRM. Tudor Investment Corp ET AL grew its stake in shares of Perimeter Solutions by 395.5% in the third quarter. Tudor Investment Corp ET AL now owns 144,893 shares of the company's stock valued at $3,244,000 after buying an additional 115,653 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Perimeter Solutions by 3.2% during the 3rd quarter. Nordea Investment Management AB now owns 555,662 shares of the company's stock valued at $12,102,000 after purchasing an additional 17,295 shares during the last quarter. Federated Hermes Inc. lifted its holdings in Perimeter Solutions by 52,387.7% during the 3rd quarter. Federated Hermes Inc. now owns 298,130 shares of the company's stock valued at $6,675,000 after purchasing an additional 297,562 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Perimeter Solutions by 197.2% during the 4th quarter. SG Americas Securities LLC now owns 230,940 shares of the company's stock valued at $6,358,000 after purchasing an additional 153,228 shares during the last quarter. Finally, Quantbot Technologies LP lifted its holdings in Perimeter Solutions by 1,645.6% during the 3rd quarter. Quantbot Technologies LP now owns 55,876 shares of the company's stock valued at $1,251,000 after purchasing an additional 52,675 shares during the last quarter. 89.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PRM. Weiss Ratings downgraded Perimeter Solutions from a "hold (c-)" rating to a "sell (d-)" rating in a report on Monday, March 2nd. Zacks Research raised Perimeter Solutions from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 14th. Finally, UBS Group raised Perimeter Solutions from a "neutral" rating to a "buy" rating and raised their price target for the company from $26.00 to $30.00 in a report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $32.50.

Perimeter Solutions Stock Performance

Perimeter Solutions stock opened at $30.50 on Friday. Perimeter Solutions, SA has a 12-month low of $10.23 and a 12-month high of $31.92. The company has a quick ratio of 2.42, a current ratio of 3.22 and a debt-to-equity ratio of 0.60. The business's 50-day moving average price is $25.21 and its two-hundred day moving average price is $26.04. The stock has a market cap of $4.98 billion, a PE ratio of -21.48 and a beta of 1.93.

Perimeter Solutions (NYSE:PRM - Get Free Report) last released its earnings results on Friday, February 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.04. Perimeter Solutions had a positive return on equity of 17.82% and a negative net margin of 31.61%.The firm had revenue of $102.75 million for the quarter, compared to analysts' expectations of $94.05 million. As a group, analysts expect that Perimeter Solutions, SA will post 1.47 earnings per share for the current fiscal year.

Insider Transactions at Perimeter Solutions

In other Perimeter Solutions news, Director William N. Thorndike, Jr. sold 125,000 shares of Perimeter Solutions stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $23.37, for a total value of $2,921,250.00. Following the transaction, the director owned 8,735,656 shares in the company, valued at $204,152,280.72. The trade was a 1.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 450,000 shares of company stock valued at $10,722,750 in the last quarter. Insiders own 10.00% of the company's stock.

Perimeter Solutions Company Profile

Perimeter Solutions Ltd. NYSE: PRM is a global specialty chemicals company focused on delivering performance-driven solutions for the oil and gas, coatings, plastics, water treatment and packaging markets. Established as an independent publicly traded company in December 2019 following its spin-off from NewMarket Corporation, Perimeter Solutions has positioned itself as a leading provider of highly engineered chemical products designed to optimize upstream oil recovery, protect infrastructure and enhance the performance of industrial processes.

The company's core product portfolio spans several key segments.

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